Bitcoin Forum
May 06, 2024, 12:04:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: 1 2 [All]
  Print  
Author Topic: Give me an estimate on next breakout!  (Read 1510 times)
I Am Hero (OP)
Member
**
Offline Offline

Activity: 81
Merit: 10


View Profile
January 28, 2017, 08:11:03 AM
 #1

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?

Buying Bitcoin like a Boss
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714953891
Hero Member
*
Offline Offline

Posts: 1714953891

View Profile Personal Message (Offline)

Ignore
1714953891
Reply with quote  #2

1714953891
Report to moderator
1714953891
Hero Member
*
Offline Offline

Posts: 1714953891

View Profile Personal Message (Offline)

Ignore
1714953891
Reply with quote  #2

1714953891
Report to moderator
davis196
Hero Member
*****
Offline Offline

Activity: 2968
Merit: 913



View Profile
January 28, 2017, 11:47:05 AM
 #2

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?

Who is pushing the bitcoin price down?Can you proove this information?
I guess that the Chinese government might have the power to push btc down,but i don`t believe it.
The current btc market price is OK and it will start increasing soon.

Idrisu
Sr. Member
****
Offline Offline

Activity: 924
Merit: 260



View Profile
January 28, 2017, 11:53:43 AM
 #3

Friend, let keep watching as the market has been rally round 900$ and 920$. The momentum is gathering for the next move, many experts and professional are keeping they eye on the market right now and I will speculate that the next move is going to hits maybe 1500$. My speculation currently, is a break of this $950 resistance level will create another volatility and this may happen next week.
legendbtc
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 502


Leading Crypto Sports Betting & Casino Platform


View Profile
January 28, 2017, 12:16:01 PM
 #4

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?

I don't why people are keep raising their when it is at constant position, right now market is in good track so it means there big possibility that it move to 1200$ mark. In mid of January it went down to 750$ and has already move from 750 to 920$, still there is a big bump that it can surely increase the price.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
jtipt
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 529



View Profile
January 28, 2017, 12:42:42 PM
 #5

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?
Why are you making the bitcoin price sound like a river which is controlled by a dam? Now, as far as the rise is concerned I think its good that its stable for a while, most likely price will start making waves in next 1 or 2 months.
Karpeles
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000


View Profile
January 28, 2017, 01:08:02 PM
 #6

volume is falling, so I doubt there is an accumulation, unless it is happening outside exchanges, I think whoever wanted to buy big already did

if the pattern from 2015-2016 follows, then next big rise should happen near june-july, 6 months after the last one
Barbut
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 502


★Bitvest.io★ Play Plinko or Invest!


View Profile
January 28, 2017, 01:22:04 PM
 #7

I also don't think that anyone is pushing price down, after recent rise and fall, price have a good stronghold on 920 dollars.
We don't need some new pump, or break out on some higher price. Let's see what will happen with segwit in next few months, and will someone do something about blocksize, any news or possible solution for main issues can push up the price. When will that happen, follow news careful and try to read between lines.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
warwar
Hero Member
*****
Offline Offline

Activity: 798
Merit: 505



View Profile
January 28, 2017, 01:48:09 PM
 #8

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?
Why are you making the bitcoin price sound like a river which is controlled by a dam? Now, as far as the rise is concerned I think its good that its stable for a while, most likely price will start making waves in next 1 or 2 months.

Agree bitcoin price is not controllable like you put some stones to block it that is not like that. I do agree that now the price would be stable after lot of dumps and pump when the 2017 arrives well now it is pretty sure that it will be stable annd let see a month after if it drops or pumps
InvoKing
Legendary
*
Offline Offline

Activity: 2142
Merit: 1065


✋(▀Ĺ̯ ▀-͠ )


View Profile WWW
January 28, 2017, 09:25:52 PM
 #9

volume is falling, so I doubt there is an accumulation, unless it is happening outside exchanges, I think whoever wanted to buy big already did

if the pattern from 2015-2016 follows, then next big rise should happen near june-july, 6 months after the last one


I think the price will not make a huge rise until November - December 2017 and it may break its previous records, meantime it is just a consolidation moments

PSPD:law and order enforcement!
Press Section Police Department!
cengsuwuei
Hero Member
*****
Offline Offline

Activity: 714
Merit: 516


#SWGT PRE-SALE IS LIVE


View Profile
January 28, 2017, 11:12:29 PM
 #10

i want to estimate prediction price for you
i think breakou price if down until reach 800 dollar, if incraese price until 1000 dollar
after price to reach can back trend


.SWG.io.













..Pre-Sale is LIVE at $0.14..







..Buy Now..







4.45






European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1087



View Profile
January 28, 2017, 11:15:58 PM
 #11

let's see what china gets up to once the new year's over. maybe it's dead for good or just taking a breather. that's a big factor in near term movements. my gut feeling is that china never had a use for bitcoin other than gambling on the exchanges and now that's effectively over. it's gonna be a new and very unpredictable market. 
n691309
Legendary
*
Offline Offline

Activity: 1526
Merit: 1001



View Profile
January 28, 2017, 11:20:52 PM
 #12

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?

A big factor in this field is obviously China, and currently in china there is holiday because of their new year lunar 28 January and I think until 6 February most of them are in holiday but that doesn't mean that they will leave the trading, production and other things that they do every day but I think that there will be a change in price these days, so it may increase.
romero121
Legendary
*
Offline Offline

Activity: 3164
Merit: 1213


View Profile
January 29, 2017, 04:51:43 AM
 #13

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?

Who is pushing the bitcoin price down?Can you proove this information?
I guess that the Chinese government might have the power to push btc down,but i don`t believe it.
The current btc market price is OK and it will start increasing soon.

As quoted based upon the Chinese market price variation happens. This time price of bitcoin is found stable and expected to give a rise step by step as there is no special events. As a part of Chinese exchange inspection the ongoing price and variation is the true one without any fake bumps.
Febo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1288



View Profile
January 29, 2017, 02:07:53 PM
 #14

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?

It will happen when you will least expecting. When everyone here will be so gloomy about BTC future. when there will be only bad news, no good news at all. Then and only then BTC will break out and head way over $1000.
jakelyson
Legendary
*
Offline Offline

Activity: 2184
Merit: 1069


View Profile
January 30, 2017, 12:56:13 PM
 #15

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.

when do you think they are going to release the breaks let the price go up again?

You will never know. It will come like a thief in the night. What you can do now is keep on accumulating your bitcoins so when the time comes the resistance is broken, you will be prepared with your bitcoins. You do not want to be the one who does not have a bitcoin to sell when the price surges. Keep on monitoring the market, it will come soon.
Denker
Legendary
*
Offline Offline

Activity: 1442
Merit: 1014


View Profile
January 30, 2017, 02:08:44 PM
 #16

I also don't think that anyone is pushing price down, after recent rise and fall, price have a good stronghold on 920 dollars.
We don't need some new pump, or break out on some higher price. Let's see what will happen with segwit in next few months, and will someone do something about blocksize, any news or possible solution for main issues can push up the price. When will that happen, follow news careful and try to read between lines.

The nearest event where I could imagine the price moving up or down is when the SEC will make a final decision regarding one of the ETFs getting approved or not.
Up to that point I think we will mostly move sideways with some smaller swings in both directions.
ipanks
Hero Member
*****
Offline Offline

Activity: 1610
Merit: 507



View Profile
January 30, 2017, 02:29:11 PM
 #17

i can not give you estimate on next breakout because in this situation, no one knows where the price is going to go, we can only predict and its maybe right or wrong. but for sure, i think this time for altcoin to get rise and i think this will be good for us to earn more bitcoin for trading altcoin.



████▄██████████▄
███▄████████████
▄███▀
████
████
████
▀███▄
███▀████████████
████▀██████████▀


▄██████████▄
████████████
███████████▀███▄
████████████████
████████████████
████████████████
▀███▄███████████
████████████████
████▀██████████▀


▄██▄█████████▄██▄
▀████▄█████▄████▀
▀████▄▄████▀
███████████
▄███▀█████▀███▄
█████████████████
█████████████████
█████████████████
▀███████████████▀


▄███████████████▄
█████████████████
████▀███▀██████▀
███████▄█████▀
████▄▄██████████▄
▀▀██████▀███████
▄██████▄███▄████
█████▀██████████
▀██▀███▀████████▀


████▄███████████
████████████████
▄███▀███████████
███████████████
██████████████
████████████████
███████████▄███▀
████████████
▀██████████▀
████████
██
██
██
██
██
██
██
██




██
██
██
██
██

██
██
██
████████
|
.
Listed
on
BINANCE
KUCOIN
Gate.io
|
BTCLovingDude
Legendary
*
Offline Offline

Activity: 1134
Merit: 1010

BTC to the moon is inevitable...


View Profile WWW
January 30, 2017, 02:30:22 PM
 #18

you can expect a breakout very soon because i sold a small amount of bitcoin today since i needed some money and the last time i did that price went to $1100 Smiley

but jokes and superstitions aside, i think we can see $1000 in about a month from now, we are already in 900-920 range and this 20 dollar range has always been like a launchpad for bitcoin to higher price.

--looking for signature--
mtnsaa
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000


View Profile
January 30, 2017, 02:35:52 PM
 #19

you can expect a breakout very soon because i sold a small amount of bitcoin today since i needed some money and the last time i did that price went to $1100 Smiley

but jokes and superstitions aside, i think we can see $1000 in about a month from now, we are already in 900-920 range and this 20 dollar range has always been like a launchpad for bitcoin to higher price.

I don't think there's any good news to sustain another jump in price in the horizon. China volume was completely fabricated, no adoption pressure, segwit most definitely won't happen any time soon, ETF will get rejected (that's a strong rumour) and many companies like Circle left Bitcoin ecosystem because of inner turmoil. I think if the two opposite camps don't get their act together we can even see a hard fork in Bitcoin in 2017, there's a real chance to that, hopefully it doesn't happen but we have to be sincere and admit that as it is it's not going anywhere unless some breakout news happen.

The only thing I can think of right now that plays in favor of BTC price is uncertainty with Trump's government and economic crisis looming, but those fears won't last too much and it's all speculation based. BTC needs to solve issues in the real world.
ImHash
Hero Member
*****
Offline Offline

Activity: 924
Merit: 506


View Profile
January 30, 2017, 02:39:10 PM
 #20

If a few individuals stop f**king around and reach a consensus about some serious changes in the code, because of a recent jump in hash rate and the never ending competition of miners, soon price will go over $1k.
Red-Apple
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 655


View Profile
January 30, 2017, 03:19:15 PM
 #21

If a few individuals stop f**king around and reach a consensus about some serious changes in the code, because of a recent jump in hash rate and the never ending competition of miners, soon price will go over $1k.

it is not "a few" individuals! have you seen how hash rate is distributed lately? check it out there are lots of pools, farms and individuals involved who are mining and need to come to a consensus!

and since you are talking about chance in the code i am assuming you are talking about the block size debate, and even if consensus is reached price will rise, sure. but that is not adoption so don't expect much rise and don't expect it to last.

only real adoption, and new investors, new buyers, new services and merchants,... these things will raise the price and it is happening slowly as we can see these days.

--signature space for rent; sent PM--
amacar2
Legendary
*
Offline Offline

Activity: 1120
Merit: 1007

CryptoTalk.Org - Get Paid for every Post!


View Profile
January 31, 2017, 10:54:29 AM
 #22

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
quake313
Sr. Member
****
Offline Offline

Activity: 268
Merit: 250



View Profile
January 31, 2017, 12:43:59 PM
 #23

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.

Just broke up +950$.
noormcs5
Hero Member
*****
Offline Offline

Activity: 2632
Merit: 613


Leading Crypto Sports Betting & Casino Platform


View Profile
February 02, 2017, 03:54:13 PM
 #24

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.

Just broke up +950$.

I could see 990$ on one of the exchange. We are getting close to $1000 and this gonna happen twice in 2 months time. This is a remarkable achievement and it shows the worth of bitcoins. Those who still doubt on bitcoin credibility should think twice.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
error08
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 514


View Profile
February 02, 2017, 04:26:52 PM
 #25

If a few individuals stop f**king around and reach a consensus about some serious changes in the code, because of a recent jump in hash rate and the never ending competition of miners, soon price will go over $1k.

it is not "a few" individuals! have you seen how hash rate is distributed lately? check it out there are lots of pools, farms and individuals involved who are mining and need to come to a consensus!

and since you are talking about chance in the code i am assuming you are talking about the block size debate, and even if consensus is reached price will rise, sure. but that is not adoption so don't expect much rise and don't expect it to last.

only real adoption, and new investors, new buyers, new services and merchants,... these things will raise the price and it is happening slowly as we can see these days.
But more real adopters and more merchants/services accept bitcoin will refers to transaction problem due to block size.
Those factors that could make the price slowly increases but more stable without any manipulation.
We're just heading to next breakout at $1000 in the next day.
novemberwoah
Hero Member
*****
Offline Offline

Activity: 896
Merit: 500



View Profile
February 02, 2017, 05:54:49 PM
 #26

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.

Just broke up +950$.

I could see 990$ on one of the exchange. We are getting close to $1000 and this gonna happen twice in 2 months time. This is a remarkable achievement and it shows the worth of bitcoins. Those who still doubt on bitcoin credibility should think twice.
Now the price of bitcoin is getting approaching $ 1,000 and will soon approach. It will last until the next few days and the price will exceed $ 1,000. This increase in my opinion reasonable in bitcoin market because the percentage increase is not too big, and you correctly have to think twice to doubt bitcoin.
Febo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1288



View Profile
February 03, 2017, 02:08:59 PM
 #27

If a few individuals stop f**king around and reach a consensus about some serious changes in the code, because of a recent jump in hash rate and the never ending competition of miners, soon price will go over $1k.

it is not "a few" individuals! have you seen how hash rate is distributed lately? check it out there are lots of pools, farms and individuals involved who are mining and need to come to a consensus!

and since you are talking about chance in the code i am assuming you are talking about the block size debate, and even if consensus is reached price will rise, sure. but that is not adoption so don't expect much rise and don't expect it to last.

only real adoption, and new investors, new buyers, new services and merchants,... these things will raise the price and it is happening slowly as we can see these days.
But more real adopters and more merchants/services accept bitcoin will refers to transaction problem due to block size.
Those factors that could make the price slowly increases but more stable without any manipulation.
We're just heading to next breakout at $1000 in the next day.


It seems this breakout is painfully slow. 1% a day.  If no corrections we will see $2000 BTC in 4 months time.  Maybe by December we will be on top of bubble.    Seems someone press slow motion on Bitcoin.
talkbitcoin
Legendary
*
Offline Offline

Activity: 1372
Merit: 1032


All I know is that I know nothing.


View Profile
February 03, 2017, 02:49:08 PM
 #28

It seems this breakout is painfully slow. 1% a day.  If no corrections we will see $2000 BTC in 4 months time.  Maybe by December we will be on top of bubble.    Seems someone press slow motion on Bitcoin.

painfully? are you serious.
price is $1012 as i am typing this and yesterday it was $916 and that is already about $100 rise. i say that is even uncomfortably big.
and percentage wise, price went up 7.6% yesterday and another 3.4% today to the high of $1020
which part of this total 11% you are calling painfully slow?

next time please check a price chart and open a calculator and them post comments Cheesy

......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
  █████████▄      ▄██████████
█████████████▄  ▄████████████
    █████████████████████████
  ██████████▀    ▀█ ▀████████
████  █████▀  ▄▄  ▀█  ▀██████
  ████████▀  ▄██▄  ▀█   ▀████
    ██████   ▀██▀   ██   ████
  █████████▄      ▄██████████
██  █████████▄  ▄████████████
  ███████████████████████████
██  █████████████████████████
  █████████████████████▀ ███
█████████████████████▀   ███
    █████████████▀     ████
  █████████████▀   ██    ████
████  █████▀     ██    ████
  ███████▀   ██    ██    ████
    █████    ██    ██    ████
  ███████    ██    ██    ████
██  █████    ██    ██    ████
  ███████████████████████████
.....
Pages: 1 2 [All]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!